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...just wrote an entire book about how smart people make bad decisions. Maybe you could shed some light on the financial meltdown. Increasingly, we as human beings create systems that are more complex than we can comprehend. If you're designing an airplane you create redundancies to try to mitigate bad outcomes, but as we saw earlier this year with Air France 447, when certain cascading events line up, they can lead to a disaster that you just can't anticipate. In the realm of the social, we create institutions like global, interconnected markets. By and large when investors...

Author: /time Magazine | Title: Common Mistakes Even Smart Investors Make | 9/29/2009 | See Source »

...journalists [Aug. 17]. It would be naive to believe that a former American President and the Secretary of State's husband acted without the U.S. government's knowledge or quiet endorsement. The more isolated North Korea becomes, the more threatening it grows, and the U.S. Administration seems to comprehend this situation. We hope that this visit may lead to a new round of peace talks. This unannounced visit to North Korea by a prominent American representative symbolizes a most welcome change in U.S. diplomacy thanks to the leadership of President Obama. Hugo Gustavo Pelliza, Lima...

Author: /time Magazine | Title: Inbox | 9/14/2009 | See Source »

...within a 140-character limit for all tweets, is there truly enough room to clearly spell out the relationship between Kmart and the Twitter user? It's all too easy for a reader to gloss over the "sponsored" tag at the end of the message, or not fully comprehend what it signifies. "I don't think we've cracked the code on disclosure," says Blackshaw. (See the 50 best websites...

Author: /time Magazine | Title: How to Make Money on Twitter: Do Commercials! | 9/2/2009 | See Source »

...condemn both the use of torture and the release of its images [June 1]. The response to the use of torture should be based on a factual examination, not on a visceral reaction to pictures. Images are not necessary to understand and evaluate what has happened. One can comprehend and assess a story about a murder, for example--and have a complete moral response--without seeing the crime-scene photos. Nadia El-Badry DOBBS FERRY...

Author: /time Magazine | Title: Inbox | 6/15/2009 | See Source »

...more sobering "Blood-Stained Aura." This had been composed two years earlier as propaganda, commemorating the Chinese soldiers who fought in the 1979 Sino-Vietnamese conflict. Now the crowds sang the words in bitter reference to fallen students: "If I bid farewell and never return/ Will you comprehend? Will you understand...

Author: /time Magazine | Title: Guarding History | 6/8/2009 | See Source »

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